DawgTalkers.net Forums DawgTalk Palus Politicus The myth of Trickle Down Economics ....

It's incredible how gullible you guys are.

Just going off the first example in the article -

The AT&T bonuses were negotiated by the workers' union, Communication Workers of America.

They were part of a contract that was negotiated two weeks prior to the tax bill being signed.

The announcement was held because they know Trump is a moron who is swayed by any flattery or sense of worth, and they're currently trying to push a merger through.

But sure, maybe it's because "trickle down", the myth that's always failed to work in practice, somehow magically happened this time.

I'd say "unreal", but these are the same seals clapping because a soup-brained oaf tricked them into thinking they weren't allowed to say "Merry Christmas", and then told them they could say it again.

When I said it was a quick reply, I meant I used the box at the bottom. It wasn’t directed at you.

The trickles turning into quite the rainfall here ... were gonna need our umbrellas fellas ... here u go ....

Add the Sinclair Broadcast group .... the largest broadcast group in America to the ever growing list of employers trickling down on their employees .... there giving 1k bonuses to their 9k full and part time employees ,....

At&T must have buried themselves with their postage bills. Those idiots have been sending me junk snail mail 4 times a week for years.

After taxes about $650. Life changing for the employees of a multi billion dollar corporation. Absolutely life changing.

The fleecing of the American dream...
On December 16, 2016, Jared Kushner, son-in-law of then-President-elect Donald Trump, stated that it had reached deals with Sinclair to give the company extended access to the Trump campaign, in exchange for airing, without further commentary, interviews with the Republican Party candidate on its stations.

Only a silly Liberal would Bitch about somebody giving them $650 dollars.

It’s less than a weeks pay. Wouldn’t make any real difference in my financial world.

Only a trump supporter would believe that these multi billion dollar companies earning record profits couldn’t have afforded to give these bonuses every year for the past decade without their precious shiny new tax break. It’s called a PR stunt. You fell for it.

Only a con would think trickle down is working when you give a corporation a permanent tax cut and they give their employees a bonus for one year 🤣🤣

I can only imagine the pain of people who are getting a bonus. If you get one please send it to me. Those dirty heartless corporations.

I can only imagine the pain of people getting a bonus. If you guys get one please send the dirty thing to me. Those heartless corporations.

Let me put it this way. The company I work for is tiny in comparison. Tiny. Yet every Christmas they’ve managed a similar sized bonus for the twelve years I’ve been employed by them. No tax break was needed.
A question. Do you honestly think these much bigger, multi billion dollar companies were financially unable to give bonuses before these tax breaks?

Where's that meme Clem posted the other night about the serfs? I think it would serve well here.

If you give me $100 every year from now on, I'll give you a dollar this year. Deal?

Honest question on the tax cuts? Everybody keeps yapping about these tax cuts for the HUGE companies, but don't they affect the mid size and small companies as well? Don't they affect the small mom and pop companies?

Corporate tax rate affects us all GM.

Yep. But territorial tax rates only affect the multinational companies.

Not to mention the bill leaves too many small businesses behind. The pass-through provision does not help most small businesses. Small business is the engine of the economy.

Silicon Valley will soon see a 'mass migration' of tech companies and talent, says Redfin CEO

-Redfin CEO Glenn Kelman predicted an accelerating shift away from coastal cities as homeowners seek to avoid the higher tax rates of the recently passed GOP tax bill.
-Densely populated and pricey cities, he said, are already losing residents and businesses.
-Cities like Denver, San Antonio and Houston are primed to be the new hubs, he said.

https://www.cnbc.com/2017/12/27/silicon-valley-will-soon-see-mass-migration-redfin-ceo-says.html

I can see this. Ohio is missing the boat here IMHO. We could easily lure these jobs to Ohio with some minor investment and tax incentives.

Thats what I am getting at. I am 110 percent for tax cuts that help the medium, and small companies. The Mom and pop companies since I use to be one of them myself. I have not seen one single person on these boards talk about them. It's all huge compainies or nothing. It kinda makes me sick that nobody seems to care about them. You know the average folks. The members of this message board seem like theydon't give a crap either way. All thy want if for their damn side to win. It's embarrasing.

obviously i want my side to win.

my side winning means universal healthcare, affordable education so that we can actually have more americans qualified to take these high paying jobs that are currently vacant and have been vacant for some time, lower taxes that's based on incentives instead of bribery and wishful thinking, a freeze on increasing military spending, criminal justice reform, and weed legalization.

so yea, obviously i want my side to win.

Of course you want your side to win. You have always been up front and honest about that. It's ONE of the reasons I respect you so much bro.

Your side was in charge for eight years, if you couldn’t get all that done in that time perhaps it’s because the American people either didn’t want it or agree with how you were going about it.

Or, it could be that the American people noticed that the elected officials on your side are just as bought and paid for as those on the other side and they don’t give any more a damn about the ‘little guy’ than anyone else does.

The real problem is that we are not in a Civil War, yet the divides in the country and rhetoric are perilously close to that level! There are so many things we can accomplish on a bipartisan basis that neither side will even negotiate because we have differences on other issues. This is only compounded by both sides creating "mountain out of molehill boogiemen" to scare the uneducated voter into siding with them. I mean seriously, birtherism?, Nazis?, Obama is Muslim?, Trump has a thing for his daughter?... Sometimes, much more lately, we just cross the line.

As a President, I think Trump is unfit. As a man I think he's pathetic and lacks any admirable qualities. BUT this does not mean I hate republicans or even some of their ideas as a whole. But for the last few years I feel forced to take that stance to avoid being steam rolled by the vocal minority.

I think at the end of the day we all want certain things on all sides. We want to live in peace with security and safety for our loved ones. We want to have lives worth living and a degree of happiness. We want our children to have better lives than us.

I'm sure nobody wants anyone to starve or die of curable illnesses. Nobody wants world war. Nobody wants to live in utter poverty and fight over scraps or force other to live that way. But the problem we have is agreeing upon rational approaches to our problems. I don't think the Republicans or the Dems have all the right answers, I don't think we can solve religious conflicts in our laws with science, but we damn sure shouldn't be ignoring science and making up facts either.

What we need to do is start bringing people back together, back to some sort of sane center and reboot all of this to get us back on track. Trump is not the leader to do this, not at all.

So when you say I want my side to win, I guess you are 100% correct because my side actually includes you and 40 and Swish and every american... If we weren't fighting over an imaginary debt, and money was not an object, we would all be living considerably better lives with many of our values met along the way.

We weren’t in complete charge for 8 years.

Your leadership got in and said no to everything, and the reason was that your people didn’t even think our president was an American citizen.

Don’t play revisionist history.

Tea party marching in the streets. Our president is a Muslim foreign born communist, remember?

And that’s why I refuse to side with y’all on much of anything. You and others aren’t, but your ideology as a whole is inherently racist.

The hell that the right perceived under Obama was a self-created self-induced delusion. Much of the left is doing that under Trump.

I can despise Trump and the GOP policies without fearing them and feeling like I'm in hell. But I will do whatever I can to limit what I perceive is bad legislation and bad for America. I've gave Trump props when I thought he deserved them, I don't recall much of that happening on here when Obama did things the right liked.

Ha! Republican leadership didn't just walk in but was voted in by the American People to shut Obama down. Your side may do the same thing in 2018.
Don’t play revisionist history.

Tea party candidates got elected by the people who thought we had an illegitimate president.

Sorry that the facts don’t line up with your dillusions.

That is BS. Tea got elected to stop Obama from spending us into Detroit!

Keep telling yourself foolish lies and soon you will foolishly believe them.

Since I don’t subscribe to the “my side/your side” theory as we’re all Americans and should be on ‘our side’, I have to ask, what is it that Trump has done to reduce the deficit?

The new Tax Reform Bill along with Repatriation and eliminated Red Tape for doing business in America will grow our GDP. This will lower the percentage of National Debt to GDP making it far more manageable for us and future Americans.

The Deficit is like borrowing to buy a new house, it pays dividends in the near future.

Lmfao

Like the person who doesn't know table manners at an important dinner, they laugh it up so as to distract from the fact they eat like a hog.

We owe for 200 million houses already. How many houses has Trump paid off?

The United States recorded a government debt equivalent to 106.10 percent of the country's Gross Domestic Product in 2016.

Government Debt to GDP in the United States averaged 61.14 percent from 1940 until 2016.

In two years ask me again how many houses he has paid for with his plan. Then three, then 8.

So you’re saying he’s paid nothing on the current debt and he’s only added to to it by 1.5 trillion with his tax package.

I don’t know about you but this is certainly not what I voted for. I voted for someone to take control of the deficit and drive it down, not add to it in some panacea of perceived value.

Typical American, you want it all and you want it yesterday. Aren't we all.

I believe you will get what you voted for and he has 4 years to produce before his head is once again on the block.

The laughing smilie is a bit disingenuous but as your statement goes I didn’t vote for him to first raise the deficit only to reduce it. That’s ridiculous. You can’t raise the deficit 1.5 trillion and then say you’re going to reduce it. You can’t raise it at all. If that’s all the republicans have, the swamp is only getting deeper and no draining is occurring.

I think his plan will work and you will see the results down the road.

Trump said it himself, the most important part of the entire tax bill was to reduce taxes for corporations so they can once again compete on a level field with the rest of the world.

This will grow companies and jobs. This will lower the Debt to GDP ratio. Once America is working again, almost all the other problems we face economically will fade away.

This combined with lower taxes for the repatriation of profits held overseas because they have lower taxes on it, will bring that money back for infrastructure repairs.

Almost half of America is on some kind of Government assistance but jobs and growth will lower this number drastically.

He also wanted to help the Middle Class.

The rest of the tax plan is fluff that he had to give in to in order to get what he wanted. It is the only way he could get it through Congress.

-Now we watch as the economy grows over the coming years.
-We watch as jobs are created and we see shortages of workers, driving up wages.
-We watch as America's infrastructure gets repaired and replaced.
-We watch as people who are on Government assistance leave that trap as they can finally do much better financially in the working world.
-We watch as the Middle Class grows and becomes healthy again.